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Tech this week: Block cut 40% of staff to become “an intelligence” a 3.4M-patient healthcare breach went unnoticed for months, and governments are debating banning social media for kids under 16 while the internet’s carbon footprint now rivals aviation.

Somehow optimism still wins—new business formation is up 31%, AI companies are paying open-source devs up to 5× more, and startups are raising millions so AI can patrol city streets.

-🕶️

Seven bullets of updates

  1. ✂️ Block slashes 40% of staff to rebuild itself “as an intelligence,” says CEO Jack Dorsey.

  2. 🩺 Sensitive info from over 3.4M patients went undetected for months after a major TriZetto health data breach.

  3. 📵 Karnataka pushes to restrict social media for under-16s, sparking debate over kids’ rights and online safety in India.

  4. 🌍 Rising "digital guilt" is driving consumer demand to shrink data's climate impact, as online use now rivals the airline industry's carbon footprint.

  5. 🚀 New business formation is up 31% as founders cite booming optimism for 2026 growth and opportunity.

  6. 🛠️ AI giants boost open-source dev pay by up to 5x as they compete for key community maintainers shaping the ecosystem.

  7. 🕵️‍♂️ A secretive iPhone exploit kit infected 15,000+ devices, now leaked beyond US government control.

City detect just raised $13M to let AI patrol your streets

City Detect, a startup that uses vision AI to help local governments monitor buildings and neighborhoods, has raised $13 million in a Series A round led by Prudence Venture Capital. Founded in 2021 and led by CEO Gavin Baum-Blake, the company aims to tackle urban blight by mounting cameras on municipal vehicles like garbage trucks and street sweepers. These cameras capture images of buildings and streets, which City Detect’s computer vision system analyzes to detect issues such as graffiti, illegal dumping, litter, roof damage, and other signs of property neglect.

The platform automates a process that is typically manual, allowing cities to review thousands of properties per week instead of about 50, improving how quickly issues are identified and addressed. City Detect includes privacy protections like blurring faces and license plates and can even distinguish between street art and vandalism. Currently operating in 17 cities including Dallas and Miami, the company will use the new funding to hire more engineers, improve its storm-damage detection capabilities, and expand across the United States.

The ONE thing Investors look for in Startups

In 2021, there were nearly 35,000 rounds of funding globally, with 20,000 of them being Angel or Seed rounds.

Despite a dip in angel investments during the pandemic, venture capital funding surged — not just in number, but in size. In fact, over $600 billion was raised in 2021, doubling the amount raised the previous year.

However, securing funding is still a rare achievement. In the US alone, more than 5 million new businesses were registered in 2021, but fewer than 4,500 early-stage companies managed to raise venture capital. That's just 0.08%.

This highlights how many companies aren't seen as "venture-backable" — which is one reason we pivoted our product to cater to all startups, not just those backed by venture capital.

Your search for a Startup Partner ENDS HERE.

Who will build your technical product?

The better question is who will build it without letting you make expensive product and technical mistakes along the way.

Byldd has helped 100+ founders validate their idea, structure their product, and build scalable software the right way from day one.

  1. 🗂️ A VC runs his entire firm on 12 Markdown files—proof AI agents can ditch MCP servers and skip orchestration.

  2. 💳 Disputes outpace payments; merchants can  respond within 24 hours to win 35% more cases  and stem revenue leaks.

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Leveraging over 12 years of hands-on startup experience, our CEO, Caya, created a practical financial modeling bootcamp for startup founders. The course helps founders develop clear, investor-ready projections, better understand their fundraising needs, and track the core KPIs used to guide day-to-day and strategic decisions.

Claude says no to the Pentagon—and users are loving it

Claude, Anthropic’s AI chatbot, is seeing a surge in consumer growth following the company’s dispute with the Pentagon. After CEO Dario Amodei refused to allow the U.S. government to use Anthropic’s AI for mass surveillance or fully autonomous weapons, the company was labeled a supply-chain risk. However, the stance appears to have boosted public support. Data from Appfigures shows Claude’s mobile app downloads in the U.S. recently surpassed ChatGPT’s, reaching about 149,000 daily downloads compared with 124,000 for ChatGPT.

Usage is also rapidly increasing. According to Similarweb, Claude reached 11.3 million daily active users on mobile by March 2, up 183% since the start of 2026, though it still trails far behind ChatGPT’s 250.5 million daily active users. Claude has also seen strong web traffic growth and more than 1 million new signups per day, recently becoming the No. 1 app on the U.S. App Store and topping charts in 15 other countries. Anthropic says daily active users have more than tripled this year, while paid subscriptions have doubled.

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